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Why big-engine car owners are turning to cheaper autogas

Nairobi, Aug. 12 -- Kenyan motorists are opting to converting their petrol cars to using cheaper Liquefied Petroleum Gas (LPG). The process involves installing a gas tank in the back of the car, and ... Read More


New index opens door to investors eyeing banking stock at NSE

Nairobi, Aug. 11 -- Investors will have an opportunity to own a portion of banking sector shares traded at the Nairobi Securities Exchange through a single investment vehicle after the Capital Markets... Read More


Consolidated Bank's profits up 14-fold on cheap deposits

Nairobi, Aug. 10 -- Consolidated Bank of Kenya's net profit for the half-year to June 2026 grew 14-fold, riding on lower interest expenses following mobilisation of cheap deposits, especially from gov... Read More


Stanbic cuts interim dividend in race for capital to lift growth

Nairobi, Aug. 6 -- Stanbic Holdings Plc has cut its interim dividend payout by more than half despite its profit remaining flat as it seeks to boost capital and support growth. The listed group, affi... Read More


Karen and Lang'ata lead Nairobi land price growth

Nairobi, Aug. 5 -- Land prices in Karen and Langata grew at the fastest pace among Nairobi's suburbs and satellite towns in the year to June after a change in policy allowed construction of high-rise ... Read More


Homes, land price boom in Nairobi outskirts ends

Nairobi, Aug. 4 -- A decades-long property boom on the outskirts of Nairobi, including Kiambu, Kitengela and Ngong, is coming to an end as home prices drop and land costs soften. HassConsult, a prope... Read More


Succession mistakes that cripple family businesses

Nairobi, Aug. 3 -- "There is a difference between a family owned and a family run business," points out Florence Wanja, Head of Business and Commercial Banking at Stanbic Bank, as she responds to my q... Read More


Kenya Re faces more competition in foreign markets

Nairobi, Aug. 2 -- Listed reinsurer Kenya Re is expected to face increased competition in the international market as more countries lock premiums within their borders by increasing mandatory retentio... Read More


KCB takes Sh13 billion European bank credit to loan women and youth

Nairobi, July 28 -- KCB Bank Kenya has received Sh12.9 billion financing from the European Bank for Reconstruction and Development (EBRD) for onward lending to women and youth-led business and green e... Read More


SBM Bank receives Sh814m new capital from parent firm

Nairobi, July 27 -- SBM Holdings of Mauritius has made two capital injections in the last six months in its subsidiary SBM Bank Kenya totalling Sh814 million to support business growth. The holding c... Read More